The Director of the National Economic Council (NEC), Kevin Hassett, said Artificial Intelligence (AI) is creating a “quiet time” in the labor market as it diminishes the necessity of entry-level workers. “But because there is so much output growth and income growth, that’s the kind of thing that a free market will work out relatively quickly as new ways to spend money emerge,” the former senior advisor to President Donald Trump said. Kevin Hassett: “I think there could be a little bit of an almost quiet time in the labor market, because firms are finding that AI is making their workers so productive that they don’t necessarily have to hire the new kids out of college and so on.” pic.twitter.com/ma8iwhiGsk — Aaron Rupar (@atrupar) November 17, 2025
Author: Derek VanBuskirk
Published at: 2025-11-17 22:33:49
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